Globe Specialty Metals Inc. (GSM) Ex-Dividend Date Scheduled for September 06, 2013
Globe Specialty Metals Inc. ( GSM ) will begin trading ex-dividend on September 06, 2013. A cash dividend payment of $0.06875 per share is scheduled to be paid on September 24, 2013. Shareholders who purchased GSM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 10% increase over the prior quarter. At the current stock price of $13.42, the dividend yield is 2.05%.
The previous trading day's last sale of GSM was $13.42, representing a -22.11% decrease from the 52 week high of $17.23 and a 26.96% increase over the 52 week low of $10.57.
GSM is a part of the Capital Goods sector, which includes companies such as National Oilwel Varcol, Inc. ( NOV ) and Precision Castparts Corporation ( PCP ). GSM's current earnings per share, an indicator of a company's profitability, is -$.28. Zacks Investment Research reports GSM's forecasted earnings growth in 2014 as 9.5%, compared to an industry average of -3.7%.